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Warren Buffett, who built Berkshire Hathaway Inc. by reinvesting premiums from insurance units, said low bond yields have hurt the prospects of that strategy.
National Football League insurers were cleared to begin gathering evidence in their effort to avoid having to pay for the leagues defense of concussion lawsuits filed by former players.
Swiss Re AG, the worlds biggest reinsurer, reported lower first-quarter profit as the company bulked up its reserves and pricing in the industry remained under pressure.
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